Chevron Phillips Chemical to build new Ryton PPS plant

HeatherWilson

SAN FRANCISCO (CBS.MW) -- Chevron Phillips Chemical Co. LP, a joint venture of ChevronTexaco Corp.
CVX, -0.35%
and ConocoPhillips
COP, +0.20%
said Monday that it plans to build a new Ryton polyphenylene sulfide plant, with a production capacity of 22 million pounds-per-year. The company said it expects the new plant to open in 2007. Ryton PPS is used in a variety of plastic products, such as computer components, automobile parts and electric appliances.

Intraday Data provided by SIX Financial Information and subject to terms of use. Historical and current end-of-day data provided by SIX Financial Information. All quotes are in local exchange time. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements.